Featured Jobs

Finance Associate - Magic Circle Firm -14/05/2012 Finance associate within a top tier law firm in Singapore.
Equity Capital Markets Associate -17/05/2012 Magic Circle firm looking for at least 1 year experience in Equity capital markets
Mid-level Litigator Hong Kong 3+ years -15/05/2012 Magic circle firm seeks a junior to mid-level associate for its top-tier litigation team.

Finance associate within a top tier law firm in Singapore.

Magic Circle firm looking for at least 1 year experience in Equity capital markets

Magic circle firm seeks a junior to mid-level associate for its top-tier litigation team.

< Back

Petroliam Nasional Berhad bond offer

US$4,500.00 m

Entry date - Thursday, 3 September 2009
Jurisdiction - Malaysia
Practice - Equity Market
US$4.5 billion bond offering by Malaysia’s Petroliam Nasional Berhad (PETRONAS), one of the world’s largest oil companies.

Firm Cleary Gottlieb Client Petronas Lead Lawyers Robert Williams, Sung K Kang Role US Counsel	Firm Kadir Andri & Partners Client Petronas Lead Lawyers Role Malaysian counsel	Firm Lovells Client Deal managers Lead Lawyers Rahail Ali Role UK counsel
Firm Zul Rafique & Partners Client Deal managers Lead Lawyers Role Malaysian counsel

DEAL SUMMARY

US$4.5 billion bond offering by Malaysia’s Petroliam Nasional Berhad (PETRONAS), one of the world’s largest oil companies.

Offering consisted of US$3 billion senior unsecured 10-year notes and US$1.5 billion in Shari’a-compliant five-year Ijara Sukuk Trust Certificates.

Deal is largest Asia ex-Japan issue in the last five years, the second-largest Asia ex-Japan issue ever, one of the two largest global Sukuks ever and the first global corporate Sukuk in 2009.

Milbank represented Morgan Stanley, the Global Coordinator, and CIMB, Citi and Morgan Stanley as joint bookrunners.

Did you work on this deal? Let us know and we'll add your details. Email us here.